Mobitel’s turnover, EBITDA up 5%, 6%

19 Sep 2007

Slovenia’s largest cellco by subscribers, Mobitel, owned by incumbent Telekom Slovenije, has posted revenues of EUR211 million (USD293 million) for the first half of 2007, an increase of 5% year-on-year, Slovene Press Agency reports. EBITDA rose 6% to EUR71.2 million and operating profit was up 9% at EUR36.3 million. At 30 June Mobitel reported 1.268 million GSM subscribers, with 59% of users on post-paid plans, and claimed to have a market share of 69%. The operator also said that its 3G W-CDMA coverage had reached 72% of the population, whilst it had signed up 160,000 regular 3G service users, with 660,000 customers using mobile data transfer services. Mobitel also said that it will soon launch a commercial upgrade of its 3.5G HSDPA platform to HSUPA, to enable theoretical maximum upload speeds of 5.76Mbps.